Tag: Digital Currency
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Digital Assets and the Future of Finance: Examining the Benefits and Risks of a U.S. Central Bank Digital Currency
Chairwoman Waters, Ranking Member McHenry, and other members of the Committee, I am pleased to join you today. With technology driving profound change, it is important we prepare for the financial system of the future and not limit our thinking to the financial system of today. No decision has been made about whether a U.S.…
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British Virgin Islands Announces Digital Currency
Government, LIFElabs.io to develop BVI~LIFE™, a digital currency for the betterment of the territory. Tortola, British Virgin Islands – December 3, 2019 – As part of an on-going initiative to grow the Financial Technology sector, the British Virgin Islands is hosting its BVI Digital Economy symposium on December 3rd. The event will connect over 100 stakeholders…
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Satoshi’s TAKE-TWO: New Blockchain Protocol Poised to Bring Digital Currency to the Masses
ZUG, Switzerland, April 7, 2019 /PRNewswire/ — A Swiss public-benefit Foundation, the Swiss Shakti Foundation, headquartered in Zug, Switzerland, is about to unveil a blockchain-based currency called Shakti Coin (SXE) that promises to usher in a new era of smart money. The new stablecoin is based on a revolutionary blockchain protocol called Proof-of-Effort (PoE) that is intended to democratize mining…
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World’s Largest Digital Currency Data Center Commences Operations
Coinmint to Invest up to $700 Million in Massena Digital Currency Infrastructure and Redevelopment of the Former Alcoa East Facility over the Next 18 Months NEW YORK, June 5, 2018 /PRNewswire/ — Coinmint, a firm that utilizes data servers to process digital currency transactions, has commenced operations through its wholly owned subsidiary, North Country Data Center Corporation. The company’s…